Whole Life Insurance: Overhyped or Over-Hated? - E50

Whole Life Insurance: Overhyped or Over-Hated? - E50

Michael and Brady unpack the real truth behind permanent life insurance, separating internet myths from practical financial planning strategy. They break down the key differences between term and whole life insurance, explain why comparing insurance to investments can be misleading, and reveal when permanent insurance can actually play a powerful role in wealth preservation, estate planning, business succession, and long-term care. Whether you think whole life insurance is a scam or a sophisticated financial tool, this conversation delivers the nuance most financial conversations online completely miss. If you want a clearer understanding of how insurance fits into a bigger financial strategy, this episode will challenge the extremes and give you a more balanced perspective. Key Timestamps: (00:00) – Why Whole Life Insurance Sparks So Much Debate (05:00) – The Biggest Risks Of Temporary Life Insurance Coverage (07:00) – Whole Life Insurance And The Power Of Permanent Coverage (09:00) – Understanding Cash Value And How Policies Build Equity (15:00) – Long-Term Wealth Protection And Tax-Free Death Benefits (17:00) – The Real Reason Whole Life Insurance Gets Criticized (21:00) – Why Insurance Should Not Be Compared To The S&P 500 (27:00) – Whole Life Insurance Versus Bonds And Safe Investments (29:00) – Tax Advantages And Liquidity Benefits (31:00) – Dividend Growth Interest Rates And Cash Value Strategies (33:00) – Estate Planning Strategies Using Permanent Insurance (35:00) – Protecting Younger Spouses With Long-Term Planning (38:00) – High Income Earners And Tax-Deferred Wealth Strategies (44:00) – How To Know If Whole Life Insurance Fits Your Plan Key Takeaways: • The real difference between term life insurance and permanent whole life insurance using the simple analogy of renting versus owning. • Why whole life insurance gets criticized so heavily and where many of those criticisms are actually valid. • How cash value works inside a permanent policy and why it behaves more like a conservative fixed-income strategy than a stock market investment. • Why comparing whole life insurance to the S&P 500 creates the wrong expectations from the start. • How high-income earners use permanent insurance for tax-deferred growth, estate planning, and wealth transfer strategies. • The role whole life insurance can play in business succession planning and creating accessible liquidity for business owners. • Why permanent insurance can become an important tool for special needs planning and long-term care protection. • And the framework for deciding whether whole life insurance actually belongs in your financial plan or whether term insurance is the better fit. Key Topics Discussed: Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything Mentions: Website: https://www.genesiswealthplanning.com/ [https://www.genesiswealthplanning.com/] Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/ [https://www.linkedin.com/in/michaelracosta/] Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/ [https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/] Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelraco [https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta] This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value. Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.35. Expiration 5/28.

SAVE Is Ending July 1: What Happens Next for Your Student Loans? - E49

Michael and Brady talk about the major policy shifts taking effect on July 1, as borrowers will step into an entirely new landscape where old strategies may no longer work and costly mistakes are easier to make than ever. From the elimination of key repayment plans to the introduction of new structures, caps, and rules, this conversation breaks down what’s actually happening—and what it means for your financial future. Whether you’re pursuing forgiveness, planning aggressive repayment, or simply trying to make sense of the chaos, this episode gives you the clarity and direction you need. If you want to make smarter, more intentional decisions with your student debt and take back control of your financial trajectory, this is the episode you can’t miss. Key Timestamps: (00:00) – The End Of SAVE And What It Means For Your Repayment Strategy (09:12) – Hidden Risks Borrowers Are Overlooking Right Now (12:36) – Why Loan Types Matter More Than Ever Before (16:08) – Consolidation Deadlines And The Cost Of Waiting Too Long (19:42) – Income Driven Repayment Eligibility Changes You Must Understand (26:21) – Tradeoffs Between High Income Careers And Student Debt Burden (28:10) – Is Public Service Loan Forgiveness Still Worth It In 2026 (31:02) – Step By Step Student Loan Audit How To Assess Your Situation (36:27) – Tax Implications Of Time Based Forgiveness Explained (39:15) – Why Doing Nothing Could Be The Most Expensive Mistake (41:50) – When To Work With A Student Loan Professional (44:18) – Building A Long Term Financial Plan Around Your Loans Key Takeaways: • What the elimination of the SAVE plan means and why many borrowers are underestimating the impact. • How the new Tiered Standard and WRAP repayment plans actually work—and who they benefit most. • Why your loan type (Stafford, FFEL, PLUS) now plays a critical role in determining your options. • The consolidation deadline most borrowers don’t realize exists—and how missing it could limit your flexibility forever. • Whether Public Service Loan Forgiveness is still a viable path—and what hasn’t changed despite the noise. • The step-by-step framework for auditing your loans and building a strategy based on your actual goals. • How to decide between full repayment, forgiveness, or hybrid strategies based on your income trajectory. • The tax implications of time-based forgiveness now that policies have shifted back—and what that means long term. • Why doing nothing is still a decision—and often the most expensive one you can make right now. • When it makes sense to bring in a professional and how that can prevent costly mistakes. Key Topics Discussed: Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything Mentions: Website: https://www.genesiswealthplanning.com/ [https://www.genesiswealthplanning.com/] Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/ [https://www.linkedin.com/in/michaelracosta/] Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/ [https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/] Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelraco [https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta] This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value. Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.38. Expiration 6/28.

Are Structured Notes the Missing Piece in Your Retirement Plan? - E48

Michael and Brady break down the mechanics behind structured notes, explaining how they can be used to customize risk and reward, provide downside buffers, and complement a broader investment strategy. From participation rates and market caps to retirement planning and behavioral investing, this conversation explores both the opportunities and trade-offs of these sophisticated financial tools. Whether you're building wealth, protecting retirement assets, or simply looking for smarter ways to manage risk, this episode provides a practical framework for understanding where structured notes may fit within a well-designed financial plan. Key Timestamps: (00:00) – Why Structured Notes Confuse So Many Investors (04:15) – Comparing Structured Notes To Certificates Of Deposit (09:38) – Why Structured Notes Are Becoming More Accessible (13:05) – Caps, Buffers, And How Returns Are Calculated (15:12) – The Trade-Off Between Downside Protection And Upside Potential (20:18) – How Point-To-Point Performance Shapes Investment Outcomes (22:35) – When Structured Notes Make Sense In A Financial Plan (29:15) – Behavioral Investing And Avoiding Panic Selling (30:42) – Liquidity Risks And Why Time Horizon Matters (32:55) – Issuer Credit Risk And Understanding The Bank’s Role (34:20) – The Hidden Opportunity Cost Of Return Caps (36:10) – Why Structured Notes Should Complement, Not Replace, A Portfolio (37:30) – Conservative Growth, Income Strategies, And Cash Alternatives (39:12) – Maximizing The Probability Of Long-Term Investing Success Key Takeaways: • What structured notes actually are and why they should be viewed as investment tools rather than mysterious financial products. • How participation rates, caps, and downside buffers work together to create customized risk-and-return outcomes. • Why structured notes are often compared to certificates of deposit—but with entirely different objectives and trade-offs. • The difference between short-term notes designed for defined outcomes and longer-term notes • Why investors with large cash positions or high incomes may use structured notes to bridge the gap between cash and traditional market investing. • The behavioral advantage of creating investment guardrails that can help reduce emotional decision-making during volatile markets. • The risks every investor should understand—including liquidity constraints, issuer credit risk, opportunity costs, and product complexity. • Why structured notes should serve as a satellite strategy that complements a portfolio rather than replacing a diversified investment plan. Key Topics Discussed: Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything Mentions: Website: https://www.genesiswealthplanning.com/ [https://www.genesiswealthplanning.com/] Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/ [https://www.linkedin.com/in/michaelracosta/] Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/ [https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/] Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelraco [https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta] This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value. Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.37. Expiration 6/28.

The Social Security Wage Cap: What If an Extra $14,000 a Year Was Already Yours? - E47

Michael and Brady uncover one of the most overlooked wealth-building opportunities available to high-income professionals. Every year, physicians, attorneys, executives, business owners, and other high earners receive an invisible increase in take-home pay when they surpass the Social Security wage cap—yet most never realize it’s happening. The result? Thousands of dollars quietly disappear into lifestyle inflation instead of being redirected toward meaningful financial goals. Michael and Brady break down how the Social Security wage cap works, why additional cash flow appears later in the year, and how professionals can strategically capture and deploy these dollars to accelerate wealth creation. Through real-world examples, they demonstrate how a simple system can transform unnoticed income into investments, debt reduction, retirement flexibility, family experiences, and long-term financial freedom. If you're earning six figures and want to maximize every dollar flowing through your paycheck, this episode reveals a hidden financial advantage you can't afford to ignore. Key Timestamps: (00:00) – The Hidden Raise Most High Earners Never Notice (03:00) – Understanding Social Security Tax And Why It Stops (06:00) – Why Bonuses Help You Reach The Wage Cap Faster (09:00) – Finding Over $16,000 Of Hidden Annual Cash Flow (10:00) – How Lifestyle Creep Quietly Consumes Wealth (14:00) – Automating Cash Flow For Smarter Financial Decisions (17:00) – The Additional Medicare Tax Most Professionals Miss (18:00) – Why Your Paycheck Changes Again After $200,000 Of Income (20:00) – Strategic Ways To Use An Extra $1,184 Per Month (21:00) – The Three-Step System For Recapturing Hidden Cash Flow (23:00) – Investing Hidden Cash Flow For Long-Term Growth (25:00) – How Small Financial Adjustments Can Create $700,000 (28:00) – How Hidden Cash Flow Can Grow Into $1.7 Million (31:00) – Free Tools To Calculate Your Hidden Cash Flow Opportunity Key Takeaways: • What the Social Security wage cap is and why high earners automatically receive a cash flow increase once they exceed it. • How a physician earning $450,000 per year can uncover more than $14,000 of additional annual cash flow. • Why bonuses and incentive compensation can help you reach the wage cap sooner and increase your recapture opportunity. • The hidden danger of lifestyle creep and how extra income often disappears without a clear purpose. • How a Wealth Coordination Account can automatically capture and redirect hidden cash flow before it gets spent. • What happens when the Additional Medicare Tax kicks in and why your paycheck changes again after crossing $200,000 in earnings. • Practical ways to deploy recaptured dollars toward emergency reserves, debt reduction, investing, family experiences, and long-term wealth creation. • How consistently investing this hidden cash flow could potentially add hundreds of thousands—or even over $1 million—to your balance sheet over time. • The simple three-step framework for identifying, capturing, and allocating hidden income with purpose. Key Topics Discussed: Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything Mentions: Website: https://www.genesiswealthplanning.com/ [https://www.genesiswealthplanning.com/] Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/ [https://www.linkedin.com/in/michaelracosta/] Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/ [https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/] Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelraco [https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta] This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value. Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.36. Expiration 6/28.

What Money Mistakes Did We Make in Our 20s and 30s? - E46

Michael and Brady pull back the curtain on real-life money mistakes that cost them time, opportunities, and millions in potential wealth. From delaying investing and falling into lifestyle creep, to ignoring risk and overestimating DIY financial strategies, this conversation breaks down the patterns that quietly sabotage high earners. More importantly, it reveals the systems, mindset shifts, and intentional decisions that can completely change your financial trajectory. Whether you’re just getting started or already earning well, this episode will challenge how you think about time, money, and the true cost of waiting. If you want to build wealth with clarity and avoid regrets later, this is a must-listen. Key Timestamps: (00:00) – Early wealth building mindset (03:35) – Delayed investing consequences explained (06:28) – Income growth illusion trap (08:45) – Intentional spending versus impulse (10:02) – Financial freedom versus lifestyle (14:20) – Wealth automation strategy explained (15:40) – Scaling savings through systems (16:55) – Purpose driven wealth allocation (18:10) – Discipline versus automation debate (19:05) – Risk mismanagement hidden dangers (20:18) – Insurance planning critical gaps (22:45) – Financial immune system concept (23:35) – DIY financial planning risks (26:05) – Value of expert guidance (28:20) – Taking calculated risks earlier (30:35) – Income growth versus optimization Key Takeaways: • Why delaying investing by just 10 years can cost you millions—and how compounding quietly works against you when you wait. • How lifestyle creep turns high earners into high spenders—and why income growth doesn’t automatically mean wealth growth. • The simple system that separates people who build wealth from those who stay stuck living paycheck to paycheck. • Why most people have no real clarity on their cash flow—and how that lack of awareness limits everything else. • The hidden risks young professionals ignore—and how being underinsured can derail your entire financial future. • Why relying on discipline instead of automation fails over time—and how to build systems that scale with your income. • The real cost of doing everything yourself—and when it’s time to buy back your time and leverage experts. • The biggest financial mistakes by decade—and how your 20s, 30s, and 40s each require a different strategy. Key Topics Discussed: Financial Fortitude, Genesis Wealth Planning, Brady Hemmerle, Michael Acosta, Financial Wellness, Wealth Building, Financial Psychology, Financial Advisor, Finance Coach, Student Loan Debt, Finance Guidance for High Earners, Business Owner Finances, Hiring a Financial Advisor, Student Loan Forgiveness, Tax Strategies, Retirement Planning, Investing Strategies, Financial Guidance for High Earners, Smart Money Moves for High-Income Professionals, Tax, Wealth & Investment Strategies for Top Earners, Financial Planning for Doctors, Lawyers & Execs, Wealth Management Tips for High-Income Earners, Advice on Taxes, Investing & Growing Wealth, High Earner Money Talk, Financial Wisdom for 6-Figure+ Entrepreneurs, Smart Strategies for Managing High Income, Taxes & Freedom for High-Earning Professionals, The Dave Ramsey Show, BiggerPockets Podcast, The Motley Fool Money Show, We Study Billionaires, ChooseFI, Afford Anything Mentions: Website: https://www.genesiswealthplanning.com/ [https://www.genesiswealthplanning.com/] Michael’s LinkedIn: https://www.linkedin.com/in/michaelracosta/ [https://www.linkedin.com/in/michaelracosta/] Brady’s LinkedIn: https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/ [https://www.linkedin.com/in/brady-hemmerle-cfp%C2%AE-75043013a/] Financial Health Checkup: https://www.livingbalancesheet.com/lbsVision/lite/michaelraco [https://www.livingbalancesheet.com/lbsVision/lite/michaelracosta] Article: https://www.principal.com/individuals/learn/managing-money-the-biggest-financial-mistakes-in-20s-30s-and-40s [https://www.principal.com/individuals/learn/managing-money-the-biggest-financial-mistakes-in-20s-30s-and-40s] This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon only when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or Genesis Wealth Planning and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value. Michael Acosta is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Genesis Wealth Planning is not an affiliate or subsidiary of PAS or Guardian. CA Insurance License # 0M50974. 7237198.36. Expiration 4/28.